Note 4 - Other Assets

12 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Other Assets Disclosure [Text Block]

NOTE 4 – OTHER ASSETS

Other assets consist of the following (dollars in thousands):

	December 31,
	2020		2019
Prepaid rent	$	4,110	$	3,925
Right-of-use asset		15		59
Deposits		554		134
	$	4,679	$	4,118

Prepaid rent primarily consists of fees incurred to obtain the right-of-ways for the Water Project. Amortization of prepaid rent was approximately $115,000 for each of the years ended December 31, 2020 and 2019.  Deposits as of December 31, 2020 include $420 toward a Performance and Reclamation Bond with the BLM (see Note 11 – “Commitments and Contingencies”).